Via a Deutsche Bank note on Friday saying, in brief:We close out a difficult week with Amazon’s earnings from last night setting a more positive tonea lot of concerns over where we are in the cycleHowever, one has to consider how much seasonals have played a part...
Citi’s Morse says oil market is weaker than priced, also China diesel demand has peaked
Edward Morse, global head of commodities strategy at Citi, spoke with CNBC on Friday. says there’s a “geopolitical premium” in oil pricesbut that “the physical oil market is really a lot weaker than where the prices are predicting at the moment""People have been...
Bank of Japan decision on JGB yield cap due this week – yen “a hissing volcano”
In a report in Japanese media the Nikkei compares the yen to a volcano.This ahead of the Bank of Japan monetary policy meeting this week (the statement is due on Tuesday, 31 October 2023, Japan time). The central market focus for the meeting is any change to the Bank...
US SEC investigating tampering at Two Sigma hedge fund: unauthorized model adjustments
A weekend report via the Wall Street Journal (gated)A researcher at Two Sigma Investments adjusted the hedge fund’s investing models without authorization, the firm has told clients, leading to losses in some funds, big gains in others and fresh regulatory...
WTI & Brent oil down, equity stock indexes up – Sunday evening futures trade opens
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
China state media puff piece: policy bank steps up support for information infrastructure
Xinhua with the weekend piece. This seems little more than PR, but posting it for interest:China Development Bank, one of the country's policy banks, extended over 13.1 billion yuan (about 1.82 billion U.S. dollars) of loans to the information infrastructure and...
Jordan asked the US to deploy Patriot air defense systems to bolster its border defense
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Dubai-Makhachkala aircraft effectively hijacked in Russia (Makhachkala , Dagestan)
A flight travelling from Dubai to the southern Russian city of Makhachkala in Dagestan has been, in effect, hijacked by a mob storming onto the runway at the airport. The passengers are being held on board, effectively held hostage. The flight originated in Tel Aviv....
China domestic flights to jump 34% above pre-pandemic levels. Flights to US to rise also.
A couple of weekend news items re the aviation sector in China. China's aviation regulator, the Civil Aviation Administration of China (CAAC) said it will increase domestic flights to 34% above pre-pandemic levelsThis is a big boost to the domestic sector. And, in...
Reports of US airstrikes on Iran-backed military bases in eastern Syria
Reports coming in of fresh attacks on bases in the Al Bukamal area.Iranian proxy groups operate extensively in the region. Iran backs terrorists Hamas, which controls Gaza, and Hezbollah, which operates in Lebanon, with arms as well as money. Fears of an escalation...
Weekend – ECB’s Vujcic says the Bank’s rate hike cycle is over, “for now”
Boris Vujčić Governor of the Croatian National Bank and thus an European Central Bank Governing Council member. He spoke with Croatian state broadcaster HRT1 in a TV interview on Sunday.The 'rate hikes over' news is not surprising, its pretty much what we heard all...
Economic calendar in Asia Monday, 30 October 2023 – Australian retail sales data
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Trade ideas thread – Monday, 30 October 2023
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Monday morning open levels – indicative forex prices – 30 October 2023
Good morning/afternoon/evening and welcome to the new forex week - On a Monday morning, market liquidity is very thin until it improves as more Asian centres come online.Prices are liable to swing around on not too much at all, so take care out there.Indicative rates,...
Markets Week Ahead: Nasdaq, Gold, US Dollar; FOMC, BOJ, BoE, China PMI, Euro Area Inflation, US Jobs
If you're new to trading and would like to know how to develop confidence in trading, click on the free guide! Recommended by Manish Jaradi Building Confidence in Trading Get My Guide Global equity markets declined, led by the US on mixed third-quarter earnings,...
Newsquawk Week Ahead: Highlights include FOMC, BoJ, BoE, US NFP, PMIs, and EZ CPI & GDP
Mon: German Prelim CPI (Oct), EZ Sentiment Survey (Oct), Japanese Retail Sales (Sep) and Industrial Output (Sep)Tue: BoJ Announcement + Outlook Report, Chinese Official PMIs (Oct), EZ Flash CPI (Sep) and GDP (Q3)Wed: FOMC & BCB Policy Announcements, RBNZ FSR, All...
달라지는 연금제도 5가지! 이런 사람들 50% 지원해준다!
https://www.youtube.com/watch?v=-PMZyLoU5bA 보건복지부 장관이 직접 연금개혁안을 발표했습니다. 기초연금 인상, 노후소득보장 강화, 크레딧 제도 확대, 연금 감액 제도 폐지 등 5대 분야 15개 과제가 포함됐는데요. 맹탕이라는 비난이 많았지만, 모든 국민이 관심을 가져야 할 중요한 사안인 것 같습니다. #기초연금 #국민연금 #연금개혁 MoneyMaker FX EA Trading...
Weekly Market Outlook (30-03 November)
UPCOMING EVENTS:Monday: Australia Retail Sales.Tuesday: Japan Jobs data, Japan Retail Sales and Industrial Production, Chinese PMI, BoJ Policy Decision, Swiss Retail Sales, Eurozone GDP and CPI, Canada GDP, US ECI, US Consumer Confidence, New Zealand Jobs...
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Israel ground offensive underway but so far the fighting is limited to Gaza
It's tough to assess in exactly is happening in Gaza because electricity and communications have been largely cut off but it appears as though Israel's ground offensive is underway. It came with an overwhelming number of airstrikes and reports of tanks entering in the...